Chemical Moves To New Room In Tokyo, Bucking Downsizing

BANKS

Bucking the general trend in Tokyo towards a rationalisation of forex trading operations, Chemical Bank opened a new, 40-position dealing room last month. The new operation at the Akasaka Park Building houses several Chemical banking businesses, including Chemical Bank, Chemical Securities Ltd. Asia and Chemical Trust & Banking.

Although Japanese banking laws require that each company is run separately, by bringing the three operations under one roof, Chemical officials say they expect to create

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